Eastern Bankshares Q3 2026 net income rises 6% quarter on quarter to $111 million
Bitget2026/10/22 20:27- Eastern Bankshares’ third-quarter 2026 net income rose 6% from the second quarter to $111 million.
- Net interest income climbed to $257.9 million, while revenue fell to $306.6 million from the second quarter.
- Non-performing loans dropped 22% from the second quarter to $84.8 million, marking a third consecutive quarterly decline following the HarborOne merger.
- CEO Denis Sheahan reported strong commercial loan pipelines but slower-than-anticipated closings, with some clients taking a measured approach amid interest rate uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Diageo (DEO.US) Q1 organic sales unexpectedly rose 1.4%: North America declined 3.6%, becoming a drag, while the full-year flat guidance remains unchanged.
Diageo's first-quarter organic net sales unexpectedly rose by 1.4% to $4.93 billion, with Latin America and Asia Pacific leading the growth, while North America still declined by 3.6%. The company maintains its guidance of flat performance for the full year.
Deutsche Bank raises EchoStar Communications target price to $134
A net loss of approximately $555,000 has occurred due to the TENDRIL sell mechanism vulnerability.
Crypto prices
More
